The Murray Group
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Message From Bev

Bev Murray of The Murray Group
Luxury market still going strong…

According to a recent report compiled by a national real estate firm, Sarasota ranks 19th in the entire nation for the number of luxury listings. Sarasota County currently has 364 luxury listings ($1m+) on the market. Around 40 percent of high net worth millenials surveyed feel that investing in real estate is a safer bet than the stock market. Aside from the obvious draw of sun, sea and winter warmth, low taxes and improved accessibility continue to draw luxury homebuyers to Florida; in fact, 7 out of 20 of the top cities for luxury real estate are in Florida.

The table below outlines how the $1m+ market for single family homes in Sarasota has fared in the past 8 years:

Luxury Home Sales Market Statistics

The next best thing to living on the water? Friends who live on the water!

I genuinely love what I do, but there are some deals that are sweeter than others. My best friends here in Sarasota have just closed on this fabulous waterfront home. The house suits the needs of their growing children and will perfectly fit their love of fishing/kayaking/diving/all things boating. Best of all, I get to hang out here on weekends! Congratulations Wendy and Jim!!!!!

Sold by Bev Murray

Murray Brings New Style To The
Tour Of Homes In Lakewood Ranch

Murray Homes Recognized For Bringing Fresh Styling To Lakewood Ranch

Murray Homes was featured in the real estate section of the for bringing a fresh, innovative style to home designs in Lakewood Ranch. During the interview Harold Bubil of the Sarasota Herald Tribune and recipient of the 2015 Bob Graham Architectural Awareness Award, noted that while many homes in Lakewood Ranch are still the Tuscan-Mediterranean design, Murray Homes is “bucking the trend” by bringing Coastal Contemporary to east of 75.

Murray Homes at The Lake CLub

Steve Murray stated the waterfront luxury home builder was approached by developers in Lakewood Ranch looking to offer a new experience for home buyers.

Staysail Court, a new enclave of custom homes inspired by the America's Cup and featuring the innovative design blend of the clean lines of modern architecture with elegant British West Indies style as only Murray Homes can do, is the result.

Click here to read the complete article on

Those interested in see Staysail Court for themselves can drop by the model home located at 7926 Staysail Court Lakewood Ranch or visit

Real Estate Market Update

September Market Update:

September is typically one of the slowest months for real estate activity and this September the total number of sales dipped below 1,000 for the first time in 6 months. Inventory is up marginally from last month, and the median price for single family homes was 18 percent higher than September 2014 at $223,500. Median Condo prices dropped slightly from $195,000 to $192,500.

The president of the Realtors Association of Sarasota and Manatee (RASM) noted “We continue to see sales number at or near record levels, and the price rise in the single family market obviously has not scared away buyers. The affordability of local properties remains at a much better level now than during the boom years of 2004-2006, as interest rates remain very favorable for buyers.”


Single Family Homes

  September 2015 September 2014 % Change
Closed Sales 657 688 -4.5%
Cash Sales 277 337 -17.8%
Pending Sales 492 614 -19.9%
New Listings 809 818 -1.1%
Median Sale Price $223,500 $189,000 18.3%
Median Days On Market 35 46 -23.9%
Active Listings 2,269 2,546 -10.9%
Month Supply of Inventory 3.2 4.0 -18.4%

Condos and Town Homes

  September 2015 September 2015 % Change
Closed Sales 270 246 9.8%
Cash Sales 155 173 -10.4%
Pending Sales 222 226 -1.8%
New Listings 326 309 5.5%
Median Sale Price $192,500 $195,000 -1.3%
Median Days On Market 54 66 -18.2%
Active Listings 1,068 1,120 -4.6%
Month Supply of Inventory 3.4 3.8 -9.8%


News & Events

The 8th Annual Sarasota Chalk Festival

A global community-based event where pavement artists from around the world come together to participate in the festivities. Hundreds of artists use the pavement as their canvas and pastel chalk as their medium to create breathtaking oversized traditional and 3D illusionistic paintings. see more at

When: November November 9-16
Where: Venice, FL

6th Annual Siesta Key Crystal Classic Master Sand Sculpting Competition

See more at

When: November 13-17
Where: Siesta Key

The 14th Annual Ferrari's at St. Armand's Circle

Over 75 Ferrari owners will be showing off their rides and competing for the top prize trophy. Free admission

When: November 7. 10 am- 4 pm
Where: St. Armand’s Circle

The 28th Annual Venice Art Fest

Over 150 artists featuring their work. Free admission.

When: November 7-8
Where: Historic Downtown Venice

The Giving Hunger the Blues Festival!

Live music/ Proceeds raised to benefit the Mayor's Feed the Hungry Program and the Women's Resource Center of Sarasota. Admission: $10, free for 12 and under.

When: Nov 8. 11 am – 7 pm
Where: Southside Village

The annual Harvest Fest

Family friendly, arts & crafts, rides, entertainment $3 per person, 2 for $ 5, 14 and younger are free.

When: November 21 -22. 9 am – 5 pm
Where: Mixon Fruit Farms. Bradenton